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Carnival Corporation Message Board

  • tradzallday tradzallday Apr 18, 2013 12:20 AM Flag

    CCL Fuel Hedging ... big profits

    For all of those pushing the doom and gloom over the new spending on the CCL fleet are very wrong about cash flow. Crude oil falling, and it will continue to slide over the next month, will pretty much cover any expenses planned in this fleet upgrade. ( they hedge the downside of crude, so they made a ton of money ).. Southwest airlines is another company that probably made 500 mil this past week on crude.

    Sentiment: Buy

 
CCL
36.97-0.76(-2.06%)Jul 9 4:02 PMEDT

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